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05/23/2019

RBI May Toughen Non-Bank Lenders Access To Public Deposits: Report Faced with liquidity crunch after IL&FS default and with rising number of defaults, the shadow bankers are seeking a bailout in the form of a separate liquidity window....
00:36, 05/23/2019

Probing Larger Conspiracy In NSE Co-Location Scam, CBI Tells Court Elaborating on the scope of the investigation since the registration of the FIR, the CBI told the court that it was trying to ascertain the channel used by Mr Shah to access NSE trade data...
00:36, 05/23/2019

Insolvency Law Has Ensured Better Credit Culture In Borrowers: CEA Responding to a query on what banks need to do to stem NPAs in the first place, the CEA said "the business of banking is about taking well evaluated risks."...
00:36, 05/23/2019

|Howtomakeeducationfitforthefuture-expert Any education that deems itself "fit for the future" needs to meet the challenges of the changing workplace, says Lee Davis of Cambridge International....
00:12, 05/23/2019

Deutsche Bank Says Software to Detect Money Laundering Had a Bug The bank’s acknowledgment that faulty software had been used to screen transactions for suspicious activity came a day before executives prepared to face restive investors at an annual meeting....
23:36, 05/22/2019

Fed Minutes Show Officials in No Rush to Change Interest Rates Federal Reserve officials said they are committed to a “patient approach,” even if the economy strengthens, according to minutes of their last meeting....
23:36, 05/22/2019

A Top Executive at Boeing’s Troubled South Carolina Plant Is Out David Carbon’s departure follows a New York Times article that detailed shoddy production and weak oversight at the company’s 787 Dreamliner factory in North Charleston....
23:36, 05/22/2019

Deutsche Bank Can Release Trump Records to Congress, Judge Rules The ruling from a federal court judge in Manhattan was the second this week against Mr. Trump’s efforts to prevent the release of his financial records....
23:36, 05/22/2019

Democrats’ Tax Cuts Target Middle Class More Than Trump’s, Study Says A liberal think tank concluded that plans from the 2020 contenders Kamala Harris, Cory Booker and Michael Bennet would cost less than the 2017 tax cuts while lifting incomes more for low- and middle-i...
23:36, 05/22/2019

Oil loses about 2% on swelling U.S. stockpiles, demand worries Oil prices fell about 2% on Wednesday as an unexpected build in U.S. crude inventories compounded investor worries that a trade fight between Washington and Beijing could dent crude demand over the lo...
23:24, 05/22/2019

Canada, Europe to choose when 737 MAX is safe as regulators meet In a potential challenge to U.S.-led efforts to build consensus on the Boeing Co 737 MAX flying again, Canada and Europe said on Wednesday they would bring back the grounded aircraft on their own term...
23:24, 05/22/2019

Lloyd's of London plans to merge governance bodies -source Lloyd's of London is proposing merging two of its governance bodies, the council and the board which together oversee the insurance market, to reduce overlap, a source familiar with the matter said....
23:24, 05/22/2019

Investors seek safety on threat of wider U.S.-China spat Global equity markets slid on Wednesday as investors sought safety in bonds, the Japanese yen and Swiss franc amid renewed worries over the U.S.-China trade standoff after reports the United States ha...
23:24, 05/22/2019

GM faces pushback on U.S. self-driving vehicle plan General Motors Co faces pushback over its request that U.S. regulators waive some automobile safety standards to make it possible to deploy a ride-sharing fleet of driverless cars without steering whe...
23:24, 05/22/2019

Musk's SpaceX sues U.S. Air Force over rocket-building contracts: filings Billionaire Elon Musk's SpaceX accused the U.S. Air Force of breaking contracting rules when it awarded money to three rocket makers but passed on Musk's rival bid, and said the tender should be reope...
23:24, 05/22/2019

Justice Department staff had urged rejection of Sprint-T-Mobile merger Justice Department staff reviewing the proposed merger of T-Mobile and Sprint had recommended that the U.S. government sue to block the $26 billion deal. The recommendation came before the two compani...
22:48, 05/22/2019

Both Democrats and Republicans blast facial-recognition technology in a rare bipartisan moment A hearing on Wednesday suggested that opposition to facial recognition technology could be the rare issue progressives and conversatives in Congress. Several members voiced worries about the technolog...
22:48, 05/22/2019

Justice Department staff urged blocking $26 billion merger of Sprint and T-Mobile The recommendation — confirmed by a source familiar with the Justice Department’s thinking — came before the two wireless providers offered new concessions this week meant to appease regulators, inclu...
22:48, 05/22/2019

Judge: Qualcomm violated antitrust law Qualcomm used its market dominance to illegally squeeze excessive licensing fees out of phone manufacturers, a federal judge in California ruled, delivering a major jolt to the critical components mar...
22:48, 05/22/2019

Hollywood has its free-speech moment in fight over movie spoilers Content creators have been trying to restrain what critics and consumers say about their movies online, particularly when it comes to plot revelations. Many in the media have pushed back....
22:48, 05/22/2019

|Prasaterminatesemploymentofformercompanysecretary The Passenger Rail Agency of South Africa has terminated the employment contract of its former company secretary - currently the general manager responsible for risk management....
21:24, 05/22/2019

|Ex-PICexecutivesreportedtoHawksoverperceived'bribery'demand A witness testifying before a commission of inquiry into the PIC has revealed that top executives at the state-owned fund manager have been reported to the Hawks over suspicion of bribe solicitation....
21:24, 05/22/2019

|Airlinesmumaheadofclosed-doortalksonBoeing'sgroundedMax Executives from some of the world's largest airlines will gather for a private meeting Thursday to discuss Boeing's 737 Max at the same time global regulators convene as well....
21:24, 05/22/2019

Factbox: Global tech companies shun Huawei after U.S. ban Global technology companies, including chip suppliers, are cutting off their ties with China's Huawei Technologies Co after the Trump administration put the world's largest telecom equipment maker on ...
21:12, 05/22/2019

Oil drops more than 2% on U.S. inventories build, demand worries Oil futures tumbled more than 2% on Wednesday as an unexpected build in U.S. crude stockpiles compounded investor worries that a prolonged trade fight between Washington and Beijing could dent crude d...
21:12, 05/22/2019

Next round of U.S. tariffs on China at least a month away: Mnuchin The United States is at least a month from enacting its proposed tariffs on $300 billion in Chinese imports as it studies the impact on consumers, U.S. Treasury Secretary Steven Mnuchin said on Wednes...
21:12, 05/22/2019

United CEO promises to re-book passengers concerned about 737 MAX United Airlines Chief Executive Oscar Munoz promised on Wednesday to reaccommodate any passengers concerned about flying Boeing Co's 737 MAX jets once regulators deem the aircraft safe to fly again....
21:12, 05/22/2019

Philip Green's Arcadia to close UK stores, review U.S. in restructuring British retail tycoon Philip Green's Arcadia Group said on Wednesday it planned to close 23 of its 566 stores in the UK and Ireland in a major restructuring of the fashion business that could also see...
21:12, 05/22/2019

Daimler CEO announces sweeping cost review as he bows out Daimler's Chief Executive Dieter Zetsche announced a sweeping cost review on Wednesday, his last day in office, as he bid farewell to shareholders following more than a decade at the helm of luxury ca...
21:12, 05/22/2019

Amazon shareholders reject facial recognition ban as concern grows in U.S. Congress Amazon.com Inc on Wednesday said shareholders rejected proposals to curb and audit its facial recognition service, just as members of Congress indicated there was bipartisan support to one day regulat...
21:12, 05/22/2019

U.S. judge appoints Ken Feinberg mediator in mandated Bayer Roundup settlement talks A U.S. judge has appointed prominent attorney Kenneth Feinberg as mediator for court-mandated settlement talks in the federal litigation over allegations that Bayer AG's glyphosate-based Roundup weed ...
21:12, 05/22/2019

U.S. Justice Department staff recommends blocking T-Mobile-Sprint deal, sources say The U.S. Justice Department's antitrust division staff has recommended the agency block T-Mobile US Inc's $26 billion acquisition of smaller rival Sprint Corp, according to two sources familiar with t...
21:12, 05/22/2019

Fed's Kaplan says U.S. is 'flirting' with yield curve inversion U.S. bond markets are "flirting" with a yield curve inversion that could signal slower economic growth ahead, Dallas Federal Reserve Bank President Robert Kaplan said on Wednesday....
21:12, 05/22/2019

Trade tensions push down Wall Street U.S. stocks dipped on Wednesday as reports that Washington could impose restrictions on another Chinese technology company further inflamed trade tensions between the world's two largest economies....
21:12, 05/22/2019

GE needs to end infighting, fix quality, tighten management: CEO General Electric Co, once seen as the epitome of corporate greatness, is trying to end infighting between its divisions, tighten up management and fix quality problems in its products, Chief Executive...
21:12, 05/22/2019

T-Mobile-Sprint deal would boost prices, hurt poorest U.S. consumers, experts say Concessions by T-Mobile US Inc to win U.S. government approval to buy Sprint Corp will likely lead to higher prices for the poorest Americans, many of whom use prepaid wireless plans, analysts and act...
21:12, 05/22/2019

Tesla drops for sixth straight session, down 20% since share offer Shares of Tesla fell for a sixth straight session on Wednesday after Citi cut its price target on the struggling electric car maker, leaving buyers of its recent share offer, including Chief Executive...
21:12, 05/22/2019

Fed's Kaplan says U.S. rates are on the right setting: FOX The U.S. economy should grow at a solid 2.25-2.50% rate this year, with inflation moving up to the Federal Reserve's target, putting rates in the right place, a top Fed official said on Wednesday....
21:12, 05/22/2019

Fed's patience on interest rates to last 'for some time' U.S. Federal Reserve officials at their last meeting agreed that their current patient approach to setting monetary policy could remain in place "for some time," a further sign policymakers see little...
21:12, 05/22/2019

Factbox: Qualcomm's 'obstinance' needs monitoring - judge Qualcomm Inc illegally suppressed competition in the market for smartphone chips by threatening to cut off supplies and extracting excessive licensing fees, a U.S. judge ruled, a decision that could f...
21:12, 05/22/2019

Guggenheim names Anheuser-Busch a 'best idea' on its shift away from traditional brands Shifting focus to Michelob Ultra from Bud Light and a strong innovation pipeline in craft brands have increased Guggenheim's conviction in the beer-maker's growth trajectory....
20:12, 05/22/2019

520 jobs at risk as Sir Philip Green plans 23 store closures Sir Philip Green is on course for a fresh clash with regulators after his Arcadia retail empire launched a rescue plan which would see 23 stores shut and its pension scheme contributions slashed....
20:00, 05/22/2019

Lockheed nabs $63.1M Navy contract for work on undersea warfare system Lockheed Martin was awarded $63.1 million for continued development, integration and production for future components of the Navy's AN/SQQ-89A(V)15 Surface Ship Undersea Warfare system....
19:48, 05/22/2019

Apple offers free MacBook repairs after admitting design flaw Apple has admitted that issues affecting MacBook keyboards are caused by a design flaw and not users, and is offering free repairs for certain models....
19:12, 05/22/2019

Austerity has had 'tragic social consequences' for UK, says UN An "ideological" drive for austerity has had "tragic social consequences" and resulted in the UK violating its human rights obligations, the UN has claimed....
19:12, 05/22/2019

UK chip designer Arm hangs up on under-fire Huawei UK chip designer Arm Holdings has cut off relations with Huawei to comply with tough US sanctions against it, dealing a blow to the Chinese firm's ability to develop new smartphones....
19:12, 05/22/2019

Green to unveil revamp of Topshop empire The high street tycoon Sir Philip Green is to launch a make-or-break revamp of his Topshop empire that could see landlords handed a shareholding of more than one-third of the business....
19:12, 05/22/2019

Gas network fined £44m after leaving homes cut off Gas distribution firm Cadent has been fined a record £44m after leaving customers disconnected, failing to pay compensation, and losing records for 775 high rise flats in its network....
19:12, 05/22/2019

Army's new DeepStrike surface-to-surface missile warhead successfully tested A warhead for the U.S. Army's DeepStrike long-range surface-to-surface missile program had a successful test, maker Raytheon Co. announced on Wednesday as the weapon approaches a first fight test late...
19:00, 05/22/2019

#BoycottGeorgia for its abortion bill? Two major film productions just said they would. Amazon show "The Power" and the Kristen Wiig film "Barb and Star Go To Vista Del Mar" announced that they plan to avoid filming in Georgia because of the state's antiabortion bill....
18:48, 05/22/2019

Mnuchin: Draft IRS memo doesn’t undermine rationale to block release of Trump’s tax returns Treasury Secretary Steven Mnuchin said Wednesday that a confidential IRS memo does not undermine the agency’s justification for denying lawmakers’ request for President Trump’s tax returns. Appearing....
18:48, 05/22/2019

Nuns are leading the charge to pressure Amazon on facial recognition At the annual shareholders’ meeting, investors will vote on a proposal to ban the company from selling the technology to government agencies, unless the board grants an exception....
18:48, 05/22/2019

US measles outbreak spreads to Maine, 25th state to report case Maine became the 25th U.S. state to confirm a case of measles amid the country's worst outbreak of the disease in a quarter century, as state medical officials on Wednesday reported that child wa...
18:36, 05/22/2019

|HuaweiwoeswidenasAsiancarriersbegindroppingitshandsets Wireless operators in Asia have begun to drop Huawei mobile phones after the US put the Chinese telecom-gear giant on a blacklist blocking it from buying vital American components....
18:24, 05/22/2019

|'Eish!'LateMbowenisworninwiththeEFF,keeps378000Twitterfollowersupdated Mboweni is known for being outspoken on the social media platform - whether he is discussing dinner plans with his followers, promising to review books like 'Gangster State', or asking Helen Zille to ...
18:24, 05/22/2019

|Prasaplacesmoreexecsonspecialleave,suspension,asprobescontinue Prasa's board of control and Group CEO, Dr Nkosinathi Sishi have placed more executives either on suspension or special leave amid ongoing investigations at the state entity....
18:24, 05/22/2019

|BusinessmantakesPICtotaskoverloanfees A legal tussle has erupted between an empowerment consortium and the PIC over the payment of a R45m transaction origination fee for a housing fund with SA Home Loans....
18:24, 05/22/2019

|TobaccoplayersallowedtoweighinonBAT-Twispmergerapproval-regulator Players in the tobacco industry are allowed to intervene in the merger between British American Tobacco and vaping brand Twisp, the Competition Tribunal has said....
18:24, 05/22/2019

Trading a Trade Battle: 'Markets Don't Appear Ready for That' How do you trade a trade dispute? A previously abstract question is becoming more pressing for investors as U.S.-China trade relations fray. Here are ways they are adapting....
17:48, 05/22/2019

Qualcomm Shares Hit by Ruling on Antitrust Violation Qualcomm unlawfully suppressed competition in the market for cellphone chips and used its dominant position to exact excessive licensing fees, a judge ruled in a decision that could shake up the smart...
17:48, 05/22/2019

Avon shares jump as Brazil's Natura nears an all-stock deal Natura Cosmeticos and Avon Products said they are in advanced talks over a potential all-stock transaction that will see Natura take a majority stake in the U.S. group....
17:12, 05/22/2019

Target CEO Brian Cornell says the winners and losers in retail are emerging Target's CEO thinks the retail industry is shaking out to show clear winners and losers. Those companies that are investing in stores and online are winners, he said....
17:12, 05/22/2019

Consumer Reports says Tesla's latest autopilot fix raises 'serious safety concerns' Tesla's latest version of its Navigate on Autopilot feature could be a potential safety risk for drivers as it requires substantial human intervention, according to findings by Consumer Reports....
17:12, 05/22/2019

U.S. Could Run Out of Room on Debt Ceiling in Late Summer Treasury Secretary Steven Mnuchin said Wednesday the government could run out of room to keep paying its bills in full and on time in late summer unless Congress raises the federal borrowing limit bef...
16:48, 05/22/2019

Huawei Gets Kicked in the Teeth by the British The U.K. is a bellwether for the 5G mobile handset market, so the decision by two of its biggest operators not to offer Huawei phones is a real blow....
16:36, 05/22/2019

Avon Nears Sale to Brazil's Natura Cosmeticos Avon Products is close to a sale to Brazil’s Natura Cosmeticos in a deal that would mark the end of the independence of a 20th-century business icon....
16:00, 05/22/2019

Lowe's Posts Higher Profit, Trims Outlook Lowe’s lowered its full-year earnings targets as the home-improvement retailer continues to work through operational challenges, such as managing costs and improving inventory. Shares fell premarket....
16:00, 05/22/2019

Huawei Feels U.S. Squeeze in Japan, U.K., as Phone Sales Are Suspended Mobile-phone carriers in Japan and the U.K. canceled launches of Huawei models over concerns that U.S. curbs on exports to the Chinese company will adversely affect the phones’ performance....
16:00, 05/22/2019

CEOs Under 50 Are a Rare Find in the S&P 500 Chief executives in their 40s are unusual at big U.S. companies, with only around 6% under age 50 among most of the S&P 500, according to a Wall Street Journal analysis....
16:00, 05/22/2019

St. Louis Fed Chief Says Interest Rate May Be Cut to Meet Inflation Target Federal Reserve Bank of St. Louis President James Bullard said the U.S. central bank may need to lower its short-term interest-rate target if inflation doesn’t appear on track to rise back to desired ...
16:00, 05/22/2019

Fed Minutes to Shed Light on Inflation Outlook The Federal Reserve’s minutes from its May meeting will offer new clues on how officials assessed an unexpected downtick in inflation and views toward lowering interest rates....
16:00, 05/22/2019

On China, Trump Leads a Coalition of the Unwilling President Trump pivoted last week, lifting tariffs on metal imports from Canada and Mexico while delaying tariffs on autos from the European Union and Japan....
16:00, 05/22/2019

Wynn Resorts, MGM Resorts End Talks Over Boston-Area Casino Wynn Resorts said it was ending talks with MGM Resorts International to sell its Encore Boston Harbor property. MGM would have had to unload a property it opened in Massachusetts last year....
16:00, 05/22/2019

Ford Brings in Startup to Test Walking Robot Deliveries Walking robots deployed from self-driving vans to deliver mail parcels could be seen marching up to homeowners’ doorsteps as early as next year, as part of a Ford-Agility Robotics pilot program....
16:00, 05/22/2019

Target Posts Higher Comparable Sales, Profit Target posted an increase in comparable sales that was more than expected and reaffirmed that guidance for the fiscal year, sending shares higher in premarket trading....
16:00, 05/22/2019

Oil prices down on swelling U.S. stockpiles, demand concerns Oil prices fell on Wednesday after industry data showed an increase in U.S. crude inventories and on demand concerns linked to a protracted trade war between China and the United States....
14:48, 05/22/2019

Futures dip on reports U.S. to target another Chinese firm U.S. stock index futures dipped on Wednesday, as fears of a possible escalation in the trade war between the United States and China were rekindkled after reports that Washington could impose sanction...
14:48, 05/22/2019

Commerzbank open to M&A after Deutsche Bank talks collapse Commerzbank may refine its strategy and is still open to mergers following the collapse of talks with its larger rival Deutsche Bank, the lender's chief executive said on Wednesday....
14:48, 05/22/2019

Justice Department staff recommends blocking T-Mobile deal for Sprint; decision now with top antitrust officials: sources The U.S. Justice Department's Antitrust Division staff has recommended the agency sue to block T-Mobile US Inc's $26 billion acquisition of smaller rival Sprint Corp, according to two sources familiar...
14:48, 05/22/2019

Same-day deliveries, store revamps drive Target's strong results Target Corp beat first-quarter estimates for same-store sales and profit on Wednesday, as the retailer's investments in same-day delivery and store revamps drew in more shoppers, sending its shares up...
14:48, 05/22/2019

U.S. judge hammers Qualcomm in antitrust case, shares sink 13% Qualcomm Inc used unlawful, anticompetitive practices to license patents for modems used in mobile phones, a judge has ruled in a case brought by the U.S. trade regulator, ordering it to renegotiate m...
14:48, 05/22/2019

French government: Ascoval rescue deal not impacted by British Steel woes A rescue deal for the Ascoval steel plant in northern France is not impacted by the current woes at British Steel since the Ascoval transaction involves another unit of British Steel not impacted by t...
13:36, 05/22/2019

Target quarterly results trounce estimates on higher online sales Target Corp's same-store sales and profit for the first quarter beat Wall Street estimates on Wednesday, benefiting from higher online sales and an increase in shoppers at its stores, sending its up n...
13:36, 05/22/2019

Lowe's cuts full-year profit forecast as higher costs hurt first quarter Lowe's Cos Inc cut its full-year profit forecast and reported disappointing first-quarter earnings on Wednesday, as higher costs and a push to catch up with larger rival Home Depot dented margins, sen...
13:36, 05/22/2019

British Steel is open to new buyers: UK business minister British Steel, which was forced into liquidation on Wednesday after failing to secure an emergency government loan, is open to new buyers, business minister Greg Clark said on Wednesday....
13:36, 05/22/2019

Huawei unwanted: Asian shops shun phone trade-ins on Google suspension worries Mobile phone retailers in some Asian countries are refusing to accept Huawei devices for trade-ins, as more consumers look to offload their device on worries Google suspending business with the Chines...
13:36, 05/22/2019

UK has agreed an indemnity for British Steel receiver: PM May Britain has granted an indemnity to the official receiver handling the collapse of British Steel, the country's second largest steel producer, Prime Minister Theresa May said on Wednesday....
13:36, 05/22/2019

British Steel owner Greybull: We worked hard to keep it alive British Steel's owner Greybull Capital said on Wednesday it had worked hard to keep Britain's second largest steel producer alive but that the challenges of Brexit had proven insurmountable....
13:36, 05/22/2019

|TigerBrandsprofitdrops12%inwakeoflisteriosisoutbreak Tiger Brands said first-half profit fell as Africa’s biggest publicly traded packaged-food company battles to overcome weak economic growth and the aftermath of a deadly outbreak of listeriosis....
13:12, 05/22/2019

|May’sdesperategambleonanewBrexitreferendumfallsflat Theresa May made a desperate final gamble to get her Brexit deal through the British Parliament before she’s thrown out of office - but her efforts looked doomed....
13:12, 05/22/2019

|FerialHaffajee:Ramaphosasettomergetwoeconomicministries The Economic Development Ministry, currently headed by Minister Ebrahim Patel, is set to be incorporated into the Department of Trade and Industry, according to sources with knowledge of Cabinet plans...
13:12, 05/22/2019

|MarketsLIVE:TigerBrandsprofitdrops;CPIintargetrange In an earnings report on Wednesday Tiger Brands said its first-half profit fell as it battled to overcome weak economic growth and the aftermath of a deadly outbreak of listeriosis....
13:12, 05/22/2019

|'Openforbusiness'Zimbabwehaslittletoshowfor$27billion When Emmerson Mnangagwa took over the leadership of Zimbabwe from Robert Mugabe in November 2017, he promised to revive the moribund economy and adopted a mantra he’s repeated regularly ever since - '...
13:12, 05/22/2019

|World’sbiggestminerseescoal'seraendinginshifttothebatteryage BHP Group, the world’s biggest miner, sees the outlook for thermal coal as challenged and won’t add production as it prioritises growth in commodities tied to the shift to renewable energy and electri...
13:12, 05/22/2019

China's big three airlines seek Boeing compensation over 737 MAX grounding China's three biggest airlines have asked U.S. planemaker Boeing Co to compensate them for losses caused by the grounding and delayed deliveries of 737 MAX jets, just as regulators gather to discuss d...
12:48, 05/22/2019

Oil prices drop on swelling U.S. stockpiles, trade war Oil prices fell on Wednesday after industry data showed an increase in U.S. crude inventories and on demand concerns linked to a protracted trade war between China and the United States....
12:48, 05/22/2019

Investors run for safety amid threat of broader U.S.-China spat Global stocks were slightly lower on Wednesday as investors sought safety in bonds, the Japanese yen and Swiss franc in muted trade amid renewed worries over the U.S.-China spat after reports Washingt...
12:48, 05/22/2019

Exclusive: Tencent and Riot Games developing mobile version of League of Legends - sources China's Tencent Holdings Ltd is working with its U.S. unit Riot Games to develop a mobile version of "League of Legends", the world's most popular desktop-based game, three sources with knowledge of t...
12:48, 05/22/2019

Daimler says all costs under scrutiny after moderate start to 2019 Daimler's outgoing chief executive said on Wednesday that all of the luxury carmaker's costs were under review as he expressed dissatisfaction with the group's profitability as it invests heavily in e...
12:48, 05/22/2019

Lowe's cuts full-year profit view as higher costs hurt first quarter Home improvement chain Lowe's Cos Inc cut its full-year profit forecast on Wednesday and reported disappointing first-quarter earnings, hurt by higher costs that dented margins, sending its shares dow...
12:48, 05/22/2019

Exclusive: Behind Grindr's doomed hookup in China, a data misstep and scramble to make up Early last year, Grindr LLC's Chinese owner gave some Beijing-based engineers access to personal information of millions of Americans such as private messages and HIV status, according to eight former...
12:48, 05/22/2019

British Steel goes into liquidation after failing to secure loan British Steel, the country's second largest steel producer, has collapsed after failing to secure emergency government funding, jeopardising some 25,000 jobs, Britain's Official Receiver said on Wedne...
12:48, 05/22/2019

Target quarterly same-store sales top estimates, shares jump 8% Target Corp's same-store sales for the first quarter beat Wall Street estimates on Wednesday, benefiting from higher online sales and an increase in shoppers at its stores, sending its shares up more ...
12:48, 05/22/2019

EE stops selling Huawei phones as it launches 5G EE will not be selling the next generation of Huawei phones due to concerns about whether the devices could receive operating system updates from Google....
12:36, 05/22/2019

Tribunal Stays Penalty On NSE In Unfair Access Case A two-judge panel of the Securities Appellate Tribunal asked the NSE to transfer the $90 million to an account managed by the Securities and Exchange Board of India (Sebi), where it will remain......
12:12, 05/22/2019

Probe By Regulator Finds Monsanto Abused Dominant Position: Report Fair trade regulator CCI in 2016 ordered the unit to carry out the probe after the agriculture ministry and some local seed companies complained that Monsanto was charging unreasonably high royalty......
12:12, 05/22/2019

Here Is All You Need To Know About Kedarnath Helicopter Yatra Kedarnath Helicopter Service: Pawan Hans limited, a Government of India enterprise, has started daily helicopter flight service from Phata to Kedarnath. Pawan Hans opened its service earlier this......
12:12, 05/22/2019

The walking robot that could soon be delivering your packages It's not fast and may be years from visiting your neighborhood, but a walking robot is part of Ford's vision for how its autonomous vehicles deliver packages....
11:48, 05/22/2019

Here Are IRCTC Rules For Changing Boarding Station Ahead Of Train Journey IRCTC ticket: In case and individual wants to change boarding station ahead of the planned journey that can be done via logging into its website, IRCTC said on irctc.co.in. IRCTC also allows changing....
10:24, 05/22/2019

Sensex To Hit New Record High By Year-End If NDA Retains Power: Poll The BSE Sensex index rose by its biggest amount in one day since September 2013 on Monday after exit polls showed the NDA will retain power for a second consecutive term...
10:24, 05/22/2019

China says opposes U.S. trying to smear Chinese firms China's Foreign Ministry said on Wednesday that China opposes the United States smearing Chinese companies, after media reports that the U.S. administration is considering Huawei-like sanctions on Chi...
10:00, 05/22/2019

Chinese airlines seek Boeing compensation over 737 MAX grounding China's three biggest airlines have asked U.S. planemaker Boeing Co to compensate them for losses caused by the grounding and delayed deliveries of 737 MAX jets, just as regulators gather to discuss d...
10:00, 05/22/2019

British Steel situation is 'very difficult': environment minister The situation at British Steel, which is on the brink of collapse unless the government agrees to provide an emergency 30 million pound ($38 million) loan, is "very difficult", Britain's environment m...
10:00, 05/22/2019

After Huawei, U.S. could blacklist Chinese surveillance tech firm: media The U.S. administration is considering Huawei-like sanctions on Chinese video surveillance firm Hikvision, media reports show, deepening worries that trade friction between the world's top two economi...
09:24, 05/22/2019

Chinese airlines seek Boeing compensation over 737 MAX grounding: state TV China's three biggest airlines have requested compensation from U.S. planemaker Boeing Co for losses incurred by the grounding and delayed deliveries of 737 MAX jets, as regulators gather to discuss d...
08:48, 05/22/2019

Far-Right Propaganda Floods Facebook Ahead of EU Elections Fake accounts spread white-nationalist messages and amassed larger followings than actual far-right parties before being taken down, according to a new report....
08:36, 05/22/2019

Rupee Edges Higher Against Dollar At the interbank foreign exchange, the domestic unit opened almost flat at 69.70 against the dollar and moved 5 paise higher to 69.67 in early trade....
08:12, 05/22/2019

Petrol, Diesel Prices Kept Unchanged, Here's How To Check Latest Rates Petrol price today: With effect from 6 am on Wednesday, May 22, the price of petrol remained at Rs 71.17 per litre in Delhi and Rs 76.78 per litre inMumbai, according to notifications from Indian Oil....
08:12, 05/22/2019

Sensex Rises Over 200 Points, Nifty Moves Above 11,750 Nifty, Sensex today:The S&P BSE Sensex rose as much as 226.97 points to 39,196.77 in morning, and the NSE Nifty moved to 11,760.65, up 51.55 points from the previous close. The benchmark indexes......
08:12, 05/22/2019

State Bank Of India Charges This Much Money For NEFT Transactions SBI NEFT charges, SBI NEFT timings: State Bank of India has divided its NEFT charges on factors such as timing, amount and mode of transaction. For example, the country's largest bank charges a fee up...
08:12, 05/22/2019

|NigeriakeentojoinAfricafreetradezone,tradeministersays Nigeria will sign the Africa Continental Free Trade Agreement as soon as President Muhammadu Buhari approves an impact-assessment report he asked for, the country’s trade minister has said....
08:12, 05/22/2019

|Eskomkeepsinvestorsinthedarkasdebtspeculationmounts As speculation swirls about plans to deal with Eskom’s crippling debt load, one group of stakeholders hasn’t been consulted: owners of the company’s R243bn bonds....
08:12, 05/22/2019

Novartis CEO calls for fixing 'distortions' in health care system ahead of slate of drug launches "I can't remember a time at Novartis where year after year after year we have these significant medicines getting launched," CEO Vasant Narasimhan says....
08:00, 05/22/2019

Cramer Remix: The cannabis stocks I'm eyeing Jim Cramer turns to the charts to reveal that cannabis companies like GW Pharmaceuticals and Village Farms could be good additions to your portfolio....
08:00, 05/22/2019

Fed may cut rates if inflation keeps disappointing: Bullard Further weakness in inflation could prompt the U.S. Federal Reserve to cut interest rates, even if economic growth maintains its momentum, James Bullard, President of the Federal Reserve Bank of St. L...
07:48, 05/22/2019

Asia stocks grapple with trade anxiety even as Huawei gets reprieve Asian stocks struggled for traction on Wednesday, as relief over Washington's temporary relaxation of curbs against China's Huawei Technologies failed to offset deeper worries about an intensifying tr...
07:48, 05/22/2019

Exclusive: Walmart to make first direct pitch to big corporate ad buyers at New York event Walmart Inc will meet large consumer goods companies and advertising firms for the first time in New York next week to pitch its advertising business, as the world's largest retailer aims to rev up it...
06:24, 05/22/2019

Air China asks Boeing for compensation over 737 MAX grounding: state TV Air China has formally asked Boeing Co for compensation over the grounding of its 737 MAX aircraft and delayed deliveries of its orders, the state TV China Central Television reported on Wednesday....
06:24, 05/22/2019

E-scooter company Spin will place dozens of start-up’s solar-powered docking stations in two cities this summer Two U.S. cities, have agreed to a 60-day pilot program installing dozens of electric docking stations on sidewalks. The stations give riders a designated place to park their devices, keeping sidewalks...
05:36, 05/22/2019

U.S. could blacklist Chinese surveillance tech firm Hikvision: NYT The U.S. administration is considering limits to Chinese video surveillance firm Hikvision's ability to buy U.S. technology, the New York Times reported on Tuesday, deepening worries about trade frict...
05:24, 05/22/2019

Asia stocks fragile as trade anxiety overshadows Huawei reprieve Asian stocks were on shaky ground on Wednesday, as earlier relief over Washington's temporary relaxation of curbs against China's Huawei Technologies failed to offset deeper worries about trade fricti...
05:24, 05/22/2019

Saudi Arabia Strikes Deal to Buy U.S. Natural Gas Saudi Arabia has agreed to purchase U.S. liquefied natural gas from Sempra Energy, a new strategic direction for the kingdom as it seeks to establish a footprint in the growing global market for the f...
05:12, 05/22/2019

U.S. business group says retaliation rising in China amid trade war A top U.S. business lobby in China said on Wednesday that nearly half of its members are seeing non-tariff barrier retaliation in China as a result of the increasingly bitter trade war between Beijing...
04:36, 05/22/2019

Brazil lower house votes to allow foreign airlines in domestic market Brazil's lower house of Congress voted on Tuesday to allow foreign-controlled airlines to operate domestic flights in Latin America's largest economy, opening the door to more competition in an increa...
04:36, 05/22/2019

Nordstrom cuts 2019 forecast after quarterly results miss big Nordstrom Inc on Tuesday cut its forecast for full-year sales and profit after reporting weaker than expected first-quarter results that were hurt by the roll out of a new loyalty program and slow sal...
03:12, 05/22/2019

China ready for further U.S. trade talks, ambassador says Chinese Ambassador to the United States Cui Tiankai said on Tuesday that Beijing was ready to resume trade talks with Washington, but blamed the U.S. side for frequently "changing its mind" on tentati...
03:12, 05/22/2019

Oil falls after Saudi assurances on market balance, Mideast tensions Oil prices fell on Tuesday after Saudi Arabia reiterated it would aim to keep the market balanced and try to reduce tensions in the Middle East, while industry data showed a surprise increase in U.S. ...
03:12, 05/22/2019

Asia stocks wobble as trade fears overshadow Huawei reprieve Asian stocks were on shaky ground on Wednesday, as earlier relief over Washington's temporary relaxation of curbs against China's Huawei Technologies failed to offset deeper worries about trade fricti...
03:12, 05/22/2019

After Police Raid and a Hearing, a San Francisco Freelancer Will Get His Property Back Bryan Carmody, a night-crawling stringer in the Bay Area, won the support of press-freedom activists, although he may not be a conventional journalist....
02:48, 05/22/2019

What Tech Companies Pay Employees in 2019 Marvel at the median income at Google and Facebook, but remember: Reducing the pay of tens of thousands of people to a single number has its shortcomings....
02:48, 05/22/2019

Why a T-Mobile/Sprint Merger Would Be Bad for the Public Opinion: FCC chair Ajit Pai says the deal is in the public interest. Except it would raise prices, reduce competition and innovation, and harm low-income Americans....
02:48, 05/22/2019

How Huawei Might Handle the Latest US Sanctions The Trump administration barred US companies from doing business with Huawei, forcing the Chinese firm to find new chips and software for its products....
02:48, 05/22/2019

Mallinckrodt Stock Falls Sharply After a Warning Over Regulatory Dispute The drugmaker lost over one-quarter of its stock-market value after the company said a dispute with health regulators might cost it $600 million and reduce future sales for Acthar, one of its top-sell...
02:36, 05/22/2019

VW truck brand to invest $344 million in Brazil after Ford exit Volkswagen AG truck brand Scania said on Tuesday it will invest 1.4 billion reais ($344.14 million) to modernize its Brazilian factory in Sao Bernardo do Campo, an industrial city near Sao Paulo....
00:24, 05/22/2019

Former Tesla bull makes $10 worst case call on China worries One of Tesla's former biggest supporters on Wall Street said on Tuesday the electric carmaker's shares could fall to $10 from nearly $200 now, if tensions with China escalate and sap demand for its ca...
00:24, 05/22/2019

Fed officials see past misses as trouble for any new inflation approach The Federal Reserve is discussing whether a better way to get the U.S. economy to hit the central bank's inflation target is to tolerate much higher price increases in some years to counter the weaker...
00:24, 05/22/2019

Airbus CEO hints at more powerful A321 jet Airbus Chief Executive Guillaume Faury hinted on Tuesday at the launch of a more powerful new A321 jet, saying the planemaker's current A321LR was the world's longest-range single-aisle jet "for the m...
00:24, 05/22/2019

Rare earth firms' stocks soar on U.S.-China trade war speculation Shares in rare earth-related companies soared on Tuesday, led by jumps in Chinese producers a day after Chinese President Xi Jinping visited a rare earth firm in southern China, sparking speculation t...
00:24, 05/22/2019

Southwest Airlines mechanics dispute ends just as American's heats up Southwest Airlines Co's mechanics union said on Tuesday its members had overwhelmingly voted to ratify a tentative contract agreement with the airline, ending seven years of labor negotiations fraught...
00:24, 05/22/2019

Airbus prepares counter-punch to new Boeing mid-sized jet Airbus hinted on Tuesday at a price battle and imminent aircraft revamp to counter a possible new Boeing mid-sized jet, promising a "left hook, right hook" from two of its established models....
00:24, 05/22/2019

Oil little changed as U.S.-Iran dispute supports, trade war weighs Oil futures were steady on Tuesday as the prospect of mounting U.S.-Iran tensions disrupting supply was offset by concerns that a lengthy trade war between Washington and Beijing would limit crude dem...
00:24, 05/22/2019

Wall St. rises as Huawei reprieve boosts tech shares Shares of technology companies helped lift Wall Street on Tuesday after the United States temporarily eased curbs on China's Huawei Technologies Co Ltd, alleviating investor concerns about pressure on...
00:24, 05/22/2019

Huawei accuses U.S. of bullying, says working with Google to respond to ban Chinese telecoms equipment maker Huawei called itself the victim of U.S. "bullying" on Tuesday and said it was working with Google to respond to trade restrictions imposed by Washington last week, a s...
00:24, 05/22/2019

Nordstrom first-quarter results disappoint, cuts 2019 forecast Department store operator Nordstrom Inc on Tuesday cut its forecast for full-year sales and profit after reporting weaker than expected first-quarter results that were hurt by the roll out of a new lo...
00:24, 05/22/2019

Beyond the protests, BP starts a new era - but how far does it go? In a deal heralded as a "turning point" for the fossil fuels industry, oil giant BP has accepted that its plans for the future must now embrace the terms of the Paris climate change agreement....
00:00, 05/22/2019

Why Britain is losing its appetite for casual dining The collapse of Jamie Oliver's restaurants empire is merely the latest and most high-profile continuation of a trend that was established in the eating-out sector two years ago....
00:00, 05/22/2019

Rift emerges between regulators reviewing merger between Sprint and T-Mobile The proposal to combine the nation's third- and fourth-largest wireless carriers entered uncertain legal territory after the Federal Communications Commission and the Justice Department appeared to sp...
23:36, 05/21/2019

Potential Fed Nominee Would Seek Shake-Up of Interest-Rate Policy Economist Judy Shelton, a potential Trump nominee to the Federal Reserve, said in an interview that she would bring a “different perspective” to the central bank and press for a change in how it sets ...
22:24, 05/21/2019

GenDyn nets $497M for submarine, carrier industrial base development, expansion General Dynamics Electric Boat was awarded a $497 million contract to grow the industrial base to support development and construction of Columbia- and Virginia-class submarines, and Ford-class aircra...
21:48, 05/21/2019

U.S. House subcommittee cuts F-35 spare parts request amid supply problems A U.S. House subcommittee wants to approve only half the Pentagon's spare parts purchase requests for F-35s in the 2020 budget plans as it looks for reasons why the aircraft have been grounded 30 perc...
21:48, 05/21/2019

|HuaweiconsidersrivalstoGoogle'sAndroidafterUSban Huawei says it’s working on its own operating system for its mobile handsets and will consider rivals to Google’s Android, after the US blacklisted the company, threatening its partnerships with chip,...
21:12, 05/21/2019

|LucidlaunchesnewHome*SuiteHotelsinSA Lucid Ventures, the R350m Cape Town based hotel fund, has announced the launch of a new boutique hotel brand Home* Suite Hotels into the South African market....
21:12, 05/21/2019

|Howtechischangingtheinsuranceindustry As digital disruption continues to change the game in the insurance industry, insurers are revising their business models to stay relevant with consumers....
21:12, 05/21/2019

George R. R. Martin defends 'Game of Thrones' writers, says it's 'silly' to ask if ending is 'real' Fans wondering if "Game of Thrones'" ending was the "true" ending of George R. R. Martin's "A Song of Ice and Fire" novels got an answer from the author himself Monday night. Yes and no....
20:00, 05/21/2019

Apple makes another change to the keyboard that keeps breaking on the MacBook Pro The launch comes as Apple's laptops have been criticized for a keyboard design that users say breaks easily and results in key presses resulting in doubled-up characters or not registering at all...
20:00, 05/21/2019

‘I’m Devastated.’ Jamie Oliver Announces His U.K. Restaurant Chain Has Filed for Bankruptcy (LONDON) — Celebrity chef Jamie Oliver’s British restaurant chain filed for bankruptcy protection on Tuesday, partly due to increased competition and escalating rents in local commercial d...
19:48, 05/21/2019

Rift emerges between federal agencies reviewing the Sprint and T-Mobile merger A merger between T-Mobile and Sprint, the nation's third- and fourth-largest wireless carriers, entered uncertain legal territory this week, after the two federal agencies reviewing the $26 billion de...
19:48, 05/21/2019

Congresswomen press Nike about its treatment of pregnant athletes Members of Congress are asking Nike executives for details on the company’s treatment of female athletes following reports that company stopped paying some athletes while they were pregnant....
19:48, 05/21/2019

Nike, Converse, Adidas among 170 shoe retailers warning Trump against trade war with China The shoe sellers signed off on a letter to the White House warning of the “catastrophic” effects Trump’s proposed 25 percent tariffs would have on consumers, companies and the American economy....
19:48, 05/21/2019

HUD Secretary Ben Carson defends plan to evict undocumented immigrants: ‘It’s not that we’re cruel, mean-hearted. It’s that we are logical.’ Democrats on the House Financial Services Committee are considering legislation to block a HUD proposal that every family member living in subsidized housing be of “eligible immigration status.”...
19:48, 05/21/2019

Britain's Big Four accountants could gain reprieve from audit reform Britain's business ministry will consult further on sweeping reforms of the audit market, it told Reuters, stopping short of legislation demanded by lawmakers....
19:12, 05/21/2019

McDonald's faces 25 new sexual harassment complaints from workers McDonald's Corp was accused on Tuesday in 25 new lawsuits and regulatory charges of condoning sexual harassment in the workplace and retaliating against employees who speak up....
19:12, 05/21/2019

U.S. senators urge Volkswagen to end delay in Tennessee union vote Three Democratic U.S. senators on Tuesday questioned a decision by Volkswagen AG's U.S. unit to delay a union election for workers at its Tennessee assembly plant....
19:12, 05/21/2019

YouTube Camp Is an Actual Thing While many parents won’t even entertain the idea of allowing their children to be on YouTube, others view the medium as a creative outlet that can teach their kids life skills, such as planning, story...
18:48, 05/21/2019

PPG Says It Won't Break Up, Despite Pressure From Activist Investor PPG Industries won’t split its units making building paints and industrial coatings, choosing to forge ahead as a unified company after facing pressure from an activist investor to maximize value in i...
18:48, 05/21/2019

Fed's Rosengren Sees No Reason to Change Rate Policy Right Now Federal Reserve Bank of Boston chief Eric Rosengren said he sees no reason to change central bank interest rate policy right now, adding that sustained tariffs could accelerate a return to the Fed’s 2...
18:48, 05/21/2019

Two Top Treasury Officials Promoted to New Posts President Trump intends to promote the Treasury Department’s top lawyer, Brent McIntosh, to the position of its top financial diplomat, the White House said Monday....
18:48, 05/21/2019

U.S. Existing-Home Sales Fell in April Sales of previously owned U.S. homes declined for the second month in a row in April, suggesting continued weakness in the housing market despite the strong labor market....
18:48, 05/21/2019

Morgan Stanley piles pressure on Tesla with $10 worst case call Shares of Tesla Inc were on track for a fifth straight session of losses on Tuesday, as Morgan Stanley analysts outlined a worst case scenario that could see the electric carmaker's stock price fall a...
18:36, 05/21/2019

Merck buys Peloton to expand its kidney cancer treatment portfolio U.S. drugmaker Merck & Co Inc on Tuesday agreed to buy Peloton Therapeutics Inc for $1.05 billion in cash, gaining access to the privately held company's lead kidney cancer drug candidate....
18:36, 05/21/2019

Nokia CEO sees possible benefits from Huawei tensions Nokia Chief Executive Rajeev Suri said on Tuesday the company could benefit from a U.S. clampdown on Chinese rival Huawei as the race to roll out 5G services heats up....
18:36, 05/21/2019

Senators urge Volkswagen to end delay in Tennessee union election Three Democratic U.S. senators on Tuesday questioned the decision by Volkswagen AG's U.S. unit to delay a union election for workers at its Tennessee assembly plant....
18:36, 05/21/2019

Bayer hires law firm to probe Monsanto data collection Bayer on Tuesday hired law firm Sidley Austin to investigate a Europe-wide data collection scheme run by its Monsanto unit, which targeted journalists, politicians and other stakeholders to influence ...
18:36, 05/21/2019

Global stocks rally as U.S. eases Huawei restrictions Global equity markets rose on Tuesday, led by chipmakers and companies exposed to Asia, after the United States temporarily eased trade restrictions imposed on China's Huawei Technologies, while the d...
18:36, 05/21/2019

J.C. Penney sales fall short, net loss doubles; shares sink Same-store sales fell more than expected at J.C. Penney Co Inc in the first quarter and its net loss nearly doubled after the retailer exited its appliance and in-store furniture businesses, sending ...
18:36, 05/21/2019

Oil flat as U.S.-Iran tensions support prices, trade war weighs Oil futures held steady on Tuesday, supported by U.S.-Iran tensions and expectations of ongoing OPEC supply cuts but under pressure from concerns about a drawn-out trade war between Washington and Bei...
18:36, 05/21/2019

Tech stocks lead rally on Wall Street after Huawei breather U.S. stocks rose on Tuesday, lifted by a rebound in technology stocks, as Washington's move to temporarily ease curbs on China's Huawei Technologies calmed nerves over a further worsening of a trade w...
18:36, 05/21/2019

Home Depot same-store sales disappoint, warns of tariff impact Home Depot Inc on Tuesday blamed wet weather in February and a slump in lumber prices for its slowest growth in quarterly same-store sales in at least three years, while warning of a $1 billion impact...
18:36, 05/21/2019

Huawei launches new Honor phones, doesn't mention Android Huawei launched its new Honor 20 series smartphones in London on Tuesday in a presentation that emphasized the Chinese company's technology but made no reference of a possible rupture with Google....
18:36, 05/21/2019

Kohl's chops profit forecast after dismal first quarter, shares slump Kohl's Corp cut its full-year profit forecast and reported lower-than-expected quarterly results as the department store chain sold fewer full-price spring apparel and saw weak demand for home goods, ...
18:36, 05/21/2019

‘MissionRacer’: How Amazon turned the tedium of warehouse work into a game Amazon’s experiment is part of a broader industry push to gamify low-skill work, particularly as historically low unemployment has driven up wages and attrition....
18:12, 05/21/2019

Women’s Clothing Chain Dressbarn to Close its 650 Stores (NEW YORK) — Dressbarn, the women’s clothing chain that’s been around for nearly 60 years, is closing all 650 of its stores. The company’s chief financial officer, Steven Taylo...
16:48, 05/21/2019

|ChinesediplomatjokesthatHuawei'hascutAppleintopieces' China has reacted with uncharacteristic fury to what it deems a concerted US attack on its national champions and even its way of life. But one diplomat showed a touch of humour as he jumped to Huawei...
16:24, 05/21/2019

|Rand,emergingmarketcurrenciesonthebackfootamidUS-Chinatradetensions The rand weakened in early trade, before strengthening somewhat, as uncertainty around US-China trade talks dampened demand for emerging markets currencies....
16:24, 05/21/2019

|Lookingforasalarybump?Thesearethecitieswiththehighestsalaries San Francisco has soared up the rankings to dislodge Zurich for the highest salaries and disposable income after rent, according to Deutsche Bank’s ''Mapping the World’s Prices 2019.''...
16:24, 05/21/2019

|FuelinZimbabwewillnowcostoverR20alitre Zimbabwe has announced a massive fuel price hike after the country's central bank said it would no longer provide fuel dealers with funding for petrol and diesel....
16:24, 05/21/2019

|JamieOliver'sUKrestaurantchainsareheadedforinsolvency The UK celebrity chef’s company filed notice in the High Court for administration. The proceedings involve 25 Jamie’s Italian, Barbecoa steakhouse and Fifteen eateries in the UK but not the internatio...
16:24, 05/21/2019

|PICinquiry:R5.2billionKaranBeefdeal'inlimbo'amidwhisteblowerclaims Claims of price inflation by an anonymous whistleblower have hindered the finalisation of a major proposed investment by the Public Investment Corporation....
16:24, 05/21/2019

US aviation officials think a bird strike was factor in 737 Max crash U.S. aviation officials believe a bird strike may have led to the deadly crash of an Ethiopian Airlines Boeing 737 Max in March, according to a person familiar with the matter....
16:12, 05/21/2019

Former FDA chief Gottlieb: 'We struck the wrong balance' on e-cigarettes The FDA struck the wrong balance on its oversight of the e-cigarette industry, former commissioner Scott Gottlieb said Tuesday at CNBC's Healthy Returns conference....
16:12, 05/21/2019

Merck to Buy Cancer Drug Maker Peloton Therapeutics Merck agreed to acquire cancer drug developer Peloton Therapeutics for $1.05 billion in cash, adding to a list of deals in 2019 by pharmaceutical companies looking to bolster their cancer treatment po...
16:00, 05/21/2019

Airbus Foresees More Regulatory Scrutiny After Boeing's 737 MAX Crashes The new chief operating officer of Airbus said the European plane maker expects more regulatory scrutiny after two crashes by Boeing’s 737 MAX jets have raised questions about safety oversight....
16:00, 05/21/2019

France Goes on Deal Spree, Thanks to ECB Easy Money The European Central Bank’s efforts to revive growth have spurred a flurry of deal making and investment. One problem is, much of it is outside of Europe....
16:00, 05/21/2019

Xi Jinping Flexes China's Trade Muscle With Visit to Rare-Earths Hub By touring a region of China that calls itself a rare-earths kingdom, Chinese President Xi Jinping pinpointed a source of leverage his government has over high-technology industries critical to the U....
16:00, 05/21/2019

Sales Fall at Kohl's and J.C. Penney Sales at Kohl’s and J.C. Penney weakened in the latest quarter as the retailers experienced a slower start to the year, sending their shares down sharply in premarket trading....
16:00, 05/21/2019

Urban Outfitters to Start Renting Clothes Urban Outfitters is jumping into clothing rental, trying to tap one of the fastest-growing areas of fashion without discouraging people from shopping at its stores....
16:00, 05/21/2019

New Coke Is Back. Sort of. Coca-Cola is using one of its biggest failures as a marketing tool, bringing back New Coke for a limited time in a cross-promotion with Netflix’s retro science-fiction horror series “Stranger Things.”...
16:00, 05/21/2019

Boeing Official Played Down Scenario That May Have Doomed Ethiopian Jet Four weeks after faulty sensor data led a 737 MAX jet to crash in Indonesia last year, a Boeing executive raised and dismissed the possibility of a bird collision triggering a second disaster....
16:00, 05/21/2019

Sensex, Nifty Snap Three-Day Winning Streak As Banking, Auto Shares Dive The S&P BSE Sensex and NSE Nifty 50 indexes came off record highs touched earlier in the day and snapped their three-day winning streak as auto, banking and information technology stocks came under......
15:36, 05/21/2019

Paris-Based Think Tank OECD Cuts Global Growth Forecast While the OECD pared back its global growth forecast for the current year, it predicted a pick-up in activity to 3.4 per cent next year. It notched up its forecast for US growth this year by 0.2......
15:36, 05/21/2019

Goldman Sachs-backed Marqeta rides payments wave to a $2 billion valuation The payment company powering Square, Instacart, and other popular start-ups closed a new funding round Tuesday that brings its valuation to roughly $2 billion....
15:36, 05/21/2019

Here's how to build a hurricane-resistant house — not as expensive as you may think After years of increasingly powerful hurricanes wreaking record destruction, owners and builders are looking intensely at ways to fortify their homes....
14:36, 05/21/2019

American slashes fees to check sports and music gear (but not antlers) American Airlines has slashed fees for surf boards, skis and other oversize sports equipment as well as music gear. United last year took a similar step cutting fees on checked surf boards for travele...
14:36, 05/21/2019

Walmart workers invited a special guest to crash the company’s annual meeting: Bernie Sanders The presidential candidate, who has repeatedly called on Walmart to improve its working conditions, will introduce a shareholders’ proposal that would give hourly workers a seat on the company’s board...
14:36, 05/21/2019

Europe says Spain’s economy is doing better than Germany’s. That’s absurd. The nonsense idea that Spain’s economy doesn’t need any more help is really just an excuse not to help it. Policymakers might be able to convince themselves with statistical games, but voters aren’t e...
14:36, 05/21/2019

U.S.-China Trade Talks Will End in a Deal, Former Negotiator Says A former top U.S. trade negotiator said talks with China for a trade deal had made significant progress despite recent setbacks and an agreement would eventually be reached....
13:12, 05/21/2019

Trade Disputes Are Weakening Future Growth, OECD Says Conflicts between the U.S. and its major trade partners have weakened business investment around the world, threatening to hamper future as well as current rates of economic growth, the OECD said....
13:12, 05/21/2019

Home Depot's Sales Lifted by Larger Customer Transactions Home Depot sales rose in the fiscal first quarter, lifted by higher customer transactions, though same-store sales growth was weaker than analysts had expected....
13:12, 05/21/2019

Fingerprints and finances: next Wells Fargo CEO will be under regulatory microscope From submitting their fingerprints to giving up their tax records, Wells Fargo & Co's next chief executive will go through a vetting process that could rival that of top U.S. government officials....
12:48, 05/21/2019

Self-driving trucks begin mail delivery test for U.S. Postal Service The U.S. Postal Service on Tuesday started a two-week test transporting mail across three Southwestern states using self-driving trucks, a step forward in the effort to commercialize autonomous vehicl...
12:48, 05/21/2019

Some major Deutsche Bank investors want chairman to go early: sources At least three major investors in Deutsche Bank want Chairman Paul Achleitner to step down early amid discontent with the bank's turnaround, two people with knowledge of the matter said on Tuesday....
12:48, 05/21/2019

Home Depot same-store sales misses on cold weather, weak lumber prices Home Depot Inc reported its slowest growth in quarterly same-store sales in at least three years on Tuesday and missed Wall Street estimates, as the home improvement chain was hurt by poor weather in ...
12:48, 05/21/2019

Huawei senior executive working with Google to counter U.S. ban Chinese telecoms equipment maker Huawei is working closely with Google to resolve restrictions imposed by the United States last week, a senior Huawei executive said on Tuesday....
12:48, 05/21/2019

Jamie Oliver restaurants line up administrators Well over 1,000 jobs are at risk as the restaurant chain set up by the celebrity chef Jamie Oliver prepares to crash into administration just two years after narrowly averting an earlier collapse....
12:24, 05/21/2019

Hundreds of foreign companies attend North Korea trade fair despite sanctions An international trade fair in North Korea this week may be the largest such event on record, analysts said on Tuesday, with hundreds of Chinese and other foreign vendors taking part despite sanctions...
12:12, 05/21/2019

Global stocks gain as U.S. eases Huawei restrictions Stocks markets gained on Tuesday, with chipmakers and stocks exposed to Asia among the best performers, after Washington temporarily eased trade restrictions imposed last week on China's Huawei....
12:12, 05/21/2019

U.S., China need to reverse course in trade row to help economy: OECD Economic growth in China and the United States could be 0.2-0.3% lower on average by 2021 and 2022 if the two countries do not row back on tit-for-tat tariffs in their dispute that has dampened the gl...
12:12, 05/21/2019

Big Deutsche Bank investors demand a succession plan for chairman: sources Some major investors in Deutsche Bank are demanding a succession plan for Chairman Paul Achleitner, two people with knowledge of the matter said on Tuesday, amid discontent with the bank's turnaround....
12:12, 05/21/2019

Airbus pledges boxers' counter-punch to new Boeing mid-jet Airbus held out the prospect of a clash over prices to counter any decision by Boeing to launch a new aircraft in the middle of the jet market, by promising a "left hook, right hook" counter-punch wi...
12:12, 05/21/2019

China rebuffs Trump claim U.S. tariffs are making firms leave Foreign investors remained enthusiastic about China, the foreign ministry said on Tuesday, following U.S. President Donald Trump's claim that his tariffs are causing companies to move production away ...
12:12, 05/21/2019

Tesla stock worth just $10 in worst case: Morgan Stanley Further falls in Tesla Inc's share price increase its chances of being sold in the years ahead, Morgan Stanley analysts said on Tuesday, as they slashed their worse-case scenario for the electric car ...
12:12, 05/21/2019

Kremlin criticizes new U.S. pledge to sanction Nord Stream 2 pipeline The Kremlin said on Tuesday that U.S. sanctions on Russia's Nord Stream 2 pipeline to Germany would be an act of unfair competition that would be seen as unacceptable in Moscow and some European capit...
12:12, 05/21/2019

Sanctions bill on Nord Stream 2 coming soon: U.S. energy secretary United States Energy Secretary Rick Perry said on Tuesday that a sanctions bill putting onerous restrictions on companies involved in the Nord Stream 2 project would come in the "not too distant futur...
12:12, 05/21/2019

Tata Motors Shares Hit By Jaguar Land Rover Woes, Weak Home Market Three months ago, Tata Motors announced plans to revamp JLR, after reporting the biggest loss of about $4 billion in Indian corporate history due to an impairment at JLR...
11:36, 05/21/2019

All You Need To Know About LIC New Children's Money Back Plan LIC: The LIC New Children's Money Back Plan can be purchased by any parent or grandparent for a child up to 12 years in age, for a minimum sum assured of Rs 1 lakh. This LIC policy does not have any.....
11:36, 05/21/2019

|MarketsLIVE:OilclimbsasOPECsignalonoutputcurbsovershadowstraderisk Oil rose for a second day on signs OPEC and its allies will extend production cuts beyond June, while a steadily deteriorating US-China trade relationship kept prices from pushing higher....
11:36, 05/21/2019

|Huawei'ssmartphoneplansimperiledbyTrumpadministrationban While Trump has restricted American companies from selling to Huawei, the Chinese company continues to rely on Android to power its smartphones globally....
11:36, 05/21/2019

|SAmayfindpartnersfor$1billionSouthSudanoilblock South Africa’s Strategic Fuel Fund is welcome to bring in partners to help it execute a $1bn agreement to drill for oil and build a refinery and pipeline in South Sudan, the central African nation’s o...
11:36, 05/21/2019

China Has a Big Currency Decision to Make Allowing the yuan to weaken beyond seven per dollar could mark a huge shift in the international terms of trade. Also, actively responding to passive aggression....
11:24, 05/21/2019

Philippines’ Firebrand Take more than 7,600 islands, add 100 million people, throw in a twist of corruption, an unhealthy slug of poverty and a dab of dynastic politics and what do you get? A recipe for disaster, you might ...
10:48, 05/21/2019

How anti-vaccine messaging continues to spread online Misinformation surrounding the safety of vaccines is not new, but social media helps it spread more widely than ever, which can lead to dangerous consequences....
10:48, 05/21/2019

China says foreign investors remain enthusiastic despite Trump claim Foreign investors remained enthusiastic about investing China, the foreign ministry said on Tuesday, following U.S. President Donald Trump's claim that Washington's tariffs are causing companies to mo...
10:12, 05/21/2019

Airbus' programs chief: trade tensions could impact customers Airbus' programs chief said trade tensions could impact customers, although the sales chief at the European planemaker said its market remained "quite positive" and less dependent upon economic cycles...
10:12, 05/21/2019

Japan auto lobby dismayed Trump declares some imports security threat Japan's automakers' lobby said on Tuesday it was dismayed by President Donald Trump's declaration that some imported vehicles and parts posed a threat to U.S. national security, as the industry braces...
10:12, 05/21/2019

China Eastern asks Boeing for compensation over 737 MAX grounding China Eastern Airlines has formally requested compensation from Boeing Co for the grounding of its 14 737 MAX aircraft and has delayed deliveries of future planes, the company said on Tuesday....
10:12, 05/21/2019

How To Receive Information On Latest Fuel Prices In SMS Petrol price today: Currently, the domestic prices of petrol and diesel are reviewed by state-run oil marketing companies such as Indian Oil Corporation on a daily basis. Any revisions are effected at...
10:00, 05/21/2019

Asian stocks off four-month lows, but Huawei row weighs Asian shares won some respite on Tuesday after Washington temporarily eased trade restrictions imposed last week on China's Huawei, although fears of a further escalation in tensions kept investors on...
09:12, 05/21/2019

Oil up on escalating U.S.-Iran tensions, but trade war worries cap gains Oil prices rose on Tuesday on escalating U.S.-Iran tensions and amid expectations that producer club OPEC will continue to withhold supply this year....
09:12, 05/21/2019

Poll Of Exit Polls: Experts Explain Why Markets Closed At Record Highs Analysts believe that a second term for the Narendra Modi-led government would ensure continuity in reform measures, initiated in the last five years, news agency Reuters reported....
08:24, 05/21/2019

Sensex, Nifty Hit Record Highs As Markets Extend Rally To Fourth Day Domestic stock markets hit new all-time highs on Tuesday extending their rally to a fourth day running, after exit polls predicted a win for the Bharatiya Janata Party-led National Democratic Alliance...
08:24, 05/21/2019

Duke University Moves to Settle No-Poach Case for $54.5 Million Duke and the University of North Carolina are fierce competitors on the basketball court, but when it comes to medical hiring, they have been cozy collaborators, according to a class action that Duke ...
07:48, 05/21/2019

Fed's Powell Warns of Economic Risks From Rising Business Debt Federal Reserve Chairman Jerome Powell said financial regulators must take seriously potential dangers that rising levels of business debt pose to the U.S. economy but said some comparisons to last de...
07:48, 05/21/2019

|Zimbabwetosubsidisepublictransportasinflationaccelerates The measure is introduced as the central bank and finance ministry injected $500 million to improve the liquidity of the foreign-exchange interbank market....
07:48, 05/21/2019

Asian shares off four-month lows, but Huawei row casts shadow Asian shares won some respite on Tuesday after Washington temporarily eased trade restrictions imposed last week on China's Huawei, although fears of a further escalation in tensions kept investors on...
07:00, 05/21/2019

U.S. airline group sees record summer travel, despite 737 MAX grounding U.S. summer air travel will hit a new record this year despite the grounding of Boeing's 737 MAX aircraft after two fatal crashes, a group representing major airlines said on Tuesday....
07:00, 05/21/2019

Factbox: Investments by automakers in the U.S. and China since Trump came to power Major automakers have announced a slew of investments in the United States since President Donald Trump took office in January 2017 and exerted pressure on the industry to create more U.S. jobs....
07:00, 05/21/2019

|Farmersdeterminedtofightagainstshalegas The Supreme Court of Appeal has heard arguments by Agri Eastern Cape, regarding the legality of technical regulations for fracking previously promulgated by the Minister of Mineral Resources....
06:24, 05/21/2019

|MbowenionEskomdebt:collectmoneyowedbymunicipalities Eskom must prioritise collecting what it is owed by municipalities as a first step toward becoming financially sustainable, says Finance Minister Tito Mboweni....
06:24, 05/21/2019

|PICwasadvisedagaintinvestingininsolventoilcompany The PIC was advised against entering an oil deal with Erin Energy as the company was insolvent, according to evidence delivered by an executive involved in the transaction....
06:24, 05/21/2019

Nike, Adidas Join Footwear Brands Urging Trump to Drop ‘Catastrophic’ Tariffs on Shoes Made in China Nike Inc., Adidas AG and other footwear giants urged President Donald Trump to reconsider his tariffs on shoes made in China, saying the policy would be “catastrophic for our consumers, our comp...
06:24, 05/21/2019

Oil rises on escalating U.S.-Iran tensions; trade war concerns weigh Oil prices edged up on Tuesday on escalating tensions between the United States and Iran and on signs that producer club OPEC will continue withholding supply this year....
05:36, 05/21/2019

Huawei founder says U.S. government is underestimating company: state media The U.S. government's temporary easing of trade restrictions on Huawei Technologies bears little meaning on the company as the Chinese firm has made preparations, Huawei's founder Ren Zhengfei told st...
05:36, 05/21/2019

Asian shares near four-month lows on Huawei fallout fears Asian shares wobbled near four-month lows on Tuesday on mounting worries the White House's black-listing of Chinese telecom giant Huawei Technologies could further inflame already tense relations betw...
05:36, 05/21/2019

U.S. eases restrictions on Huawei; founder says U.S. underestimates Chinese firm The U.S. government has temporarily eased trade restrictions imposed last week on China's Huawei, a move aimed at minimizing disruption for its customers but dismissed by its founder who said the tech...
05:36, 05/21/2019

As trade war grinds on, China readies its people for a long fight The country's main movie channel has scrapped regular programming for films about the Korean War, which ended in a draw after China intervened to fight back the Americans....
03:36, 05/21/2019

Legg Mason names Trian's Peltz, Garden to board Legg Mason Inc said on Monday it had appointed Trian Fund Management LP's Nelson Peltz and Ed Garden as directors, raising the size of its board to 12 members....
02:36, 05/21/2019

American Airlines asks court to block disruptive 'slowdown' by mechanics unions American Airlines Group Inc has filed a lawsuit against two unions representing its mechanics, asking the court to halt what it called an illegal slowdown that it said on Monday threatened to disrupt ...
02:36, 05/21/2019

U.S. eases some restrictions on China's Huawei to keep networks operating The U.S. government on Monday temporarily eased some trade restrictions imposed last week on China's Huawei, a move that sought to minimize disruption for the telecom company's customers around the wo...
02:36, 05/21/2019

Jim Cramer: 'Your portfolio should have as little exposure to China as possible' "As long as President [Donald] Trump believes that the Chinese are the ones who pay the price, he's going to keep taking a hard-line approach to these negotiations," Cramer said....
01:36, 05/21/2019

Rare Earths, the U.S.-China Trade War and Your Phone U.S. President Donald Trump’s threat to cut off the supply of chips and processors to Huawei Technologies Co. is hitting China’s biggest tech company where it hurts – its dependence on other nations f...
01:36, 05/21/2019

Sparks fly as Co-op Energy‎ weighs sale The mutual behind the Co-op Energy‎ brand is exploring a sale of parts of its domestic power supply business as reforms to the market prompt a growing squeeze on profits....
01:12, 05/21/2019

British Steel teeters on the brink of collapse Britain’s second-largest steel producer is on the brink of collapse amid growing signs that an emergency government loan would fail to materialise, putting a total of close to 25,000 jobs at ris...
01:12, 05/21/2019

South Korea to buy SM-2 missiles from U.S. in $313.9M sale The State Department has approved South Korea's proposed $313.9 million purchase of 94 SM-2 Block IIIB Standard Missiles to supplement its existing inventory....
00:36, 05/21/2019

USS Lincoln, USS Kearsarge conduct joint operations in Persian Gulf The aircraft carrier USS Abraham Lincoln and amphibious assault ship USS Kearsarge conducted joint operations with their strike groups in the Persian gulf last week amid rising tensions with Iran....
00:36, 05/21/2019

State Dept. says yes to $387M sale of MK 54 torpedo conversion kits to Canada The State Department has approved a possible foreign military sale to Canada of 425 MK 54 lightweight torpedo conversion kits, with support, for an estimated cost of $387 million....
00:36, 05/21/2019

DOJ leans against approving T-Mobile's takeover of Sprint: Bloomberg The U.S. Department of Justice is leaning against approving T-Mobile US Inc's proposed takeover of Sprint Corp as the remedies proposed by the companies do not resolve antitrust concerns, Bloomberg re...
00:24, 05/21/2019

Worries of longer, costlier U.S.-China trade war hits markets Worries that the United States and China were digging in for a longer, costlier trade war weighed on financial markets on Monday as Beijing accused Washington of harboring "extravagant expectations" f...
00:24, 05/21/2019

Wall St. slides as Huawei fallout hits tech shares U.S. stocks slid on Monday as the White House's restrictions on Chinese telecoms equipment maker Huawei Technologies Co Ltd weighed on the technology sector and raised concerns that the move would fur...
00:24, 05/21/2019

T-Mobile's deal for Sprint gets big boost from FCC commission T-Mobile US Inc's $26 billion acquisition of rival Sprint Corp appeared to win the support of a majority of the Federal Communications Commission on Monday, in a significant step toward the deal's ap...
00:24, 05/21/2019

U.S. eases some restrictions on China's Huawei to keep mobile networks operating The U.S. government on Monday eased some restrictions imposed last week on China's Huawei, a sign of how the prohibitions on the telecommunications company may have far-reaching and unintended consequ...
00:24, 05/21/2019

Walmart, Target, Bed Bath must face lawsuit over fake 'Egyptian' cotton: NY judge A federal judge said Walmart Inc, Target Corp and Bed Bath & Beyond Inc must face a lawsuit claiming they sold linens that were falsely labeled "100% Egyptian Cotton" or "100% Long-Staple Egyptian cot...
00:24, 05/21/2019

Snap Finishes Overhaul of Leadership Team Snap promoted two executives internally to run its finance and personnel units, respectively, completing Chief Executive Officer Evan Spiegel’s remaking of the leadership team after a series of recent...
23:36, 05/20/2019

GM Scales Back Maven Ride-Sharing Business General Motors Co.’s Maven car-sharing service will wind down service in eight of the 17 North American cities it currently operates in within the next few months, a GM spokeswoman said....
23:36, 05/20/2019

Fed's Williams Says It's 'Good' Economy Can Have Strong Job Market Without Inflation New York Fed leader John Williams said Monday the central bank’s views on how low the unemployment rate can go without sparking inflation have evolved....
23:36, 05/20/2019

Why a Weaker Yuan Risks Inflaming the U.S.-China Trade War China’s management of its currency, the yuan, is under fresh scrutiny after recent weakening brought it back into focus in the U.S.-China trade war. The yuan slid closer to 7 to the dollar, a line it ...
23:12, 05/20/2019

Yemen’s Civil War Is Spilling Deeper Into the Gulf Region Yemen’s four-year civil war is spilling deeper into the oil-rich Persian Gulf region. Saudi Arabia, with its Sunni majority, intervened to support the government of President Abd Rabbuh Mansur Hadi; I...
23:12, 05/20/2019

Want to be a 401(k) millionaire? Here’s what it takes. Fidelity Investments reports that the number of people with $1 million or more in their 401(k) plans increased to 180,000 in the first quarter of the year....
23:12, 05/20/2019

Google cuts off Huawei after Trump administration crackdown The suspension amounts to a major blow to the world’s largest telecommunications equipment maker, which will no longer receive access and support for Google’s proprietary apps like Gmail, YouTube and ...
23:12, 05/20/2019

FCC Chair Backs Sprint/T-Mobile Merger, Clearing One Hurdle Ajit Pai said he's satisfied with the companies' promises to build a 5G network and spin off a subsidiary brand. The Justice Department still has doubts....
22:12, 05/20/2019

Ryanair Warns Boeing 737 MAX Grounding Will Hurt Profit Ryanair, Europe’s biggest budget airline and the region’s largest customer for Boeing Co.’s 737 MAX jets, warned profit would be dented this year by the plane’s global grounding....
21:48, 05/20/2019

U.S. Rare Earths Revival Planned Amid Trade Conflict An American chemicals company and an Australian miner want to build the first rare-earths separation plant in the U.S. in years, seeking to shore up supplies of important commodities caught up in the ...
21:48, 05/20/2019

Fed's Harker: Monetary Policy Can't Be Run on Rules Alone Philadelphia Fed leader Patrick Harker said human judgment is critical in making monetary policy, in comments that pushed back on the setting of interest-rate policy by rules alone....
21:48, 05/20/2019

'Playing Catch-Up in the Game of Life.' Millennials Approach Middle Age in Crisis New data show they’re in worse financial shape than every preceding living generation, and may never recover. Their woes have delayed traditional adult milestones in ways expected to alter the nation’...
21:48, 05/20/2019

In Plastic-Bag Wars, the Industry Fights Back The backlash against single-use plastic has engulfed straws, bags and takeout containers, but the plastics industry is fighting back, arguing alternatives can be worse for the environment and disrupti...
21:48, 05/20/2019

Ford to Cut 7,000 Jobs in Bid to Catch Up to Rivals Ford Motor said it is cutting 7,000 salaried employees, or about 10% of its white-collar workforce, part of CEO Jim Hackett’s broader plan to reverse declining profits and catch up to rivals in the fa...
21:48, 05/20/2019

T-Mobile, Sprint Get Merger Backing From FCC Chairman FCC Chairman Ajit Pai said he would back the more than $26 billion combination of cellphone carriers T-Mobile US and Sprint after the companies agreed to a package of concessions....
21:48, 05/20/2019

Good food is bringing people to the mall. And they're spending more money when they get there Forty percent of customers will choose a center to shop at based solely on the food that's there, JLL found in a new study. And nearly 38% of people want healthy options when they go there....
21:36, 05/20/2019

Harley CEO on Trump trade war: 'We can't sit by and wait for something to happen' The Wisconsin-based motorcycle manufacturer is covering a "$130 million run rate" in order to protect the company's business in Europe, CEO Matt Levatich said on CNBC's Squawk Alley....
21:36, 05/20/2019

'Game of Thrones' hits record 19.3 million viewers in series finale despite fan backlash Despite high criticism from fans, the final episode of "Game of Thrones" shattered single-night viewing records Sunday, with 19.3 million tuning in to watch the finale....
21:36, 05/20/2019

Daimler plans to cut administration costs by 20%: Handelsblatt Incoming Daimler boss Ola Kaellenius is working on a cost cut program to reach profit margin targets which are threatened by global trade woes and ramp up issues at factories, Handelsblatt reported, c...
21:00, 05/20/2019

Nike, Under Armour, among others, urge Trump to remove footwear from tariff list Leading U.S. footwear companies, including Nike Inc and Under Armour, on Monday urged the U.S. President Donald Trump to immediately remove footwear from the proposed tariffs list on goods imported fr...
21:00, 05/20/2019

|TwoSAcompanieshonouredatAfricanUtilityWeek During African Utility Week, which took place in Cape Town last week, the winners of the African Power, Energy & Water Industry Awards 2019 were announced....
20:36, 05/20/2019

|AdvancepaymentsforlocomotivesforcedTransnettoborrowmore-inquiryhears Advanced payments for 1 064 locomotives to be acquired by Transnet, cost it R7.37bn and forced the state entity to increase its foreign borrowings to finance the acquisition, the state capture commiss...
20:36, 05/20/2019

|Huawei:Chinawarnsabout'unwaveringresolve'tofightUS'bullying' China could retaliate against the US after President Donald Trump blacklisted Huawei Technologies, says the Chinese ambassador to the European Union....
20:36, 05/20/2019

Global stocks slide as worries about Huawei fallout mount Global equity markets fell on Monday as a U.S. crackdown on China's Huawei Technologies led chipmaker stocks in Europe and on Wall Street to slide on fears of a widening trade war, while the dollar w...
20:24, 05/20/2019

U.S. unlikely to suffer big damages from China trade dispute: Fed Trade tensions with China need to linger for an extended period to cause real damage to the United States economy, St. Louis Fed President James Bullard said in remarks published on Monday....
20:24, 05/20/2019

Wall St. pressured as Huawei fallout worries spark tech sell-off U.S. stocks dropped on Monday, as Washington's restrictions on China's Huawei Technologies stoked fears about a hit to the broader technology sector and ratcheted up trade tensions between the world's...
20:24, 05/20/2019

UK firms likely to scrap planned investment on a no-deal Brexit: BoE's Broadbent British companies are likely to cancel projects that they have put on hold because of Brexit uncertainty if the country leaves the European Union without a deal to smooth the shock, Bank of England De...
20:24, 05/20/2019

T-Mobile's deal for Sprint gets big boost from FCC chief T-Mobile US Inc's $26 billion acquisition of rival Sprint Corp won the support of the head of the Federal Communications Commission on Monday, in a big step toward the deal's approval....
20:24, 05/20/2019

Ford Plans to Cut 7,000 Jobs, About 10% of Its Salaried White-Collar Workers (DETROIT) — Ford revealed details of its long-awaited restructuring plan Monday as it prepared for a future of electric and autonomous vehicles by parting ways with 7,000 white-collar workers wo...
20:12, 05/20/2019

Why High-Class People Get Away With Incompetence People who came from higher social classes were more likely to have an inflated sense of their skills, a new study found. This overconfidence was interpreted by strangers as competence....
19:12, 05/20/2019

Boeing nets $163.9M to modernize Super Hornets for U.S. Navy Boeing was awarded a $163.9 million one-year contract to continue modernizing the U.S. Navy's F/A-18E/F fighter jet fleet under the service life modification program....
18:24, 05/20/2019

|Teslasharesbreach$200asanalystsaysMuskfacesa'CodeRed' Tesla shares plunged below $200 for the first time in more than two years on concerns the carmaker faces a “Kilimanjaro-like uphill climb” to hit profitability goals in the second half of the year....
18:12, 05/20/2019

|StocksplummetasUStakesaimatChinesetechgiant US tech giant Google has announced that it would be restricting Huawei's access to its android operating system due to the company being blacklisted....
18:12, 05/20/2019

|Inorout?Mbowenilookssettoretainkeypost,saysources Finance Minister Tito Mboweni is likely to hold on to his job for at least another year, as President Cyril Ramaphosa moves to re-assure investors and ratings companies that the economy is in good han...
18:12, 05/20/2019

Tech Stocks Sink after Google Cuts Huawei Off Android Support Selling was especially heavy among semiconductor stocks, as investors grappled with the prospect that the administration order cuts off the flow of crucial microchips to Huawei, a major customer....
17:48, 05/20/2019

Exclusive: Western buyers freeze payments for contaminated oil in extended Russian outage Total and Eni have stopped payments for the contaminated oil sold to them by Russian firms and said they will only pay when compensation is agreed, trading sources said, upping the stakes in what the ...
17:36, 05/20/2019

Chairman of U.S. telecoms regulator backs T-Mobile, Sprint merger Sprint Corp and T-Mobile US Inc has won the support of the chairman of the U.S. telecommunications regulator but will require a series of changes to their proposed $26 billion merger, including sellin...
17:36, 05/20/2019

Ford Motor Co to cut 10% of white-collar jobs as part of global restructuring Ford Motor Co said on Monday it will eliminate about 10% of its global salaried workforce, cutting about 7,000 jobs by the end of August as part of its larger restructuring in a move that will save t...
17:36, 05/20/2019

Wall St. drops as tech stocks tumble on Huawei fallout fears U.S. stocks fell on Monday, as a crackdown on China's Huawei Technologies raised concerns of a bigger impact on chipmakers and added to fears of an escalation in trade war between the two nations....
17:36, 05/20/2019

Nearly half of Juul's Twitter followers are too young to buy e-cigarettes: study (Reuters Health) - Almost half of the people who followed Juul Labs Inc on Twitter were not old enough to legally purchase e-cigarettes in the United States, according a study published on Monday....
17:36, 05/20/2019

T-Mobile-Sprint Merger Wins Approval of F.C.C. Chairman Ajit Pai said the companies had secured his support by making what he called “significant commitments” to expand rural broadband service, build a robust 5G network and sell off Boost Mobile....
16:48, 05/20/2019

Advisors create a game plan to prepare clients for this retirement expense With premiums skyrocketing on insurance policies designed to cover long-term-care costs, financial advisors are turning to a variety of other options....
16:36, 05/20/2019

You can use Jack Bogle's investing strategy and keep a socially responsible focus The traditional S&P 500 index fund may not work for you if you want to invest with environmental or social causes in mind. But themed index funds might be worth a second look....
16:36, 05/20/2019

Why Weaker Yuan Risks Inflaming U.S.-China Trade War: QuickTake China’s management of its currency, the yuan, is under fresh scrutiny after recent weakening brought it back into focus in the U.S.-China trade war. The yuan slid closer to 7 to the dollar, a line it ...
16:12, 05/20/2019

|DanielSilke:Voters,economicdependencyandtheANC Along with Zimbabwe, Mozambique, Angola and probably Botswana later this year, Southern African nations still haven’t embedded real competitive politics with an electoral change of party at the ballot...
15:48, 05/20/2019

|PICseeksindependentvaluationofKaranBeefinvestment The Public Investment Corporation is in the process of getting an independent valuation for its bid for a majority shareholding in Karan Beef, which operates the largest cattle feedlot and abattoir on...
15:48, 05/20/2019

|McKinsey'losttheplot'inbusinesscaseforTransnetlocomotives,inquiryhears Global consulting firm McKinsey & Co did not fully understand its mandate when it was brought in to strengthen the business case for Transnet to acquire 1064 locomotives, a former Transnet official ha...
15:48, 05/20/2019

Former Comet owner eyes Majestic deal The controversial former owner of the Comet retail chain is among a pack of investors circling Majestic Wines' store network as it seeks to become an online-only retailer....
15:36, 05/20/2019

Rupee Surges Against Dollar As Exit Polls Predict NDA Win Indian rupee surged as much as 86 paise or 1.22 per cent to 69.36 per dollar after exit polls predicted that the Bharatiya Janata Party led National Democratic Alliance (NDA) will win almost as many.....
15:36, 05/20/2019

Sensex, Nifty Surge To Record Closing Highs As Exit Polls Predict NDA Win Indian equity benchmarks closed at record highs after exit polls predicted win for Bharatiya Janata Party-led National Democratic Alliance (NDA) in the recently concluded general elections. The S&P......
15:36, 05/20/2019

This Is the Perfect Air Conditioner For Your Home This Summer Air conditioners have been making summers bearable for a long time now. With time, air conditioners have become more affordable, easier on the power bills, and easily available just about everywhere....
15:36, 05/20/2019

Buying A New AC This Summer? Make Sure It Comes With These Features But if you're smart enough to do your homework before you step out to buy a new air conditioner, you could end up with the best product for you. You will also end up saving a lot of money, both during...
15:36, 05/20/2019

Oil traders try to ship dirty Russian crude to Asia Trading companies Vitol and Unipec are sending around 700,000 tonnes of contaminated Russian oil to Asia in an attempt to place the barrels rejected by buyers in Europe, according to trading sources a...
15:00, 05/20/2019

Exclusive: Western buyers freeze Russian payments over dirty oil outage Total and ENI have stopped payments to the Russian firms who sold them contaminated oil and said they will only pay when compensation is agreed, trading sources said, upping the stakes in what they sa...
15:00, 05/20/2019

U.S., China bicker over 'extravagant expectations' on trade deal China accused the United States on Monday of harboring "extravagant expectations" for a trade deal, underlining the gulf between the two sides as U.S. action against China's technology giant Huawei be...
15:00, 05/20/2019

Trump rejects New York Times report on Deutsche Bank transactions U.S. President Donald Trump on Monday rejected a New York Times report that raised questions about multiple Deutsche Bank transactions involving entities controlled by him and his son-in-law Jared Kus...
15:00, 05/20/2019

Tainted oil hits Russian revenues but rouble immune for now Russia suffered a $1 billion shortfall in export revenues in the first two weeks of May after the discovery of contaminated oil disrupted pipeline flows to Europe, a Reuters calculation showed....
15:00, 05/20/2019

Deutsche Bank staff flagged Trump, Kushner transactions for watchdog: NYTimes Anti-money laundering specialists at Deutsche Bank AG recommended in 2016 and 2017 that multiple transactions involving entities controlled by U.S. President Donald Trump and his son-in-law, Jared Kus...
15:00, 05/20/2019

Huawei to support its devices after Google Android bar Huawei will support its smartphones and tablets by providing security updates and services, it said, after Google barred it from updates to the Android operating system....
15:00, 05/20/2019

Coca-Cola ends plan to refranchise Africa bottling unit, keeps majority stake Coca-Cola Co said on Monday it had dropped plans to refranchise its Africa bottling business, Coca-Cola Beverages Africa (CCBA), and would instead keep its majority stake in the unit for the time bein...
15:00, 05/20/2019

Stock futures drop on concerns over spiraling fallout of Huawei crackdown U.S. stock index futures fell on Monday, as fears over the impact on major technology companies from Washington's crackdown on China's Huawei Technologies added to concerns over worsening trade disput...
15:00, 05/20/2019

FCC, Sprint, T-Mobile to announce agreement on deal: source Sprint Corp and T-Mobile US Inc on Monday will announce a series of changes to their $26 billion deal, while U.S. regulators are expected to announce agreement on the conditions necessary to approve t...
15:00, 05/20/2019

Lumentum says halting all Huawei shipments, cuts quarterly forecast Mobile phone parts producer Lumentum Holdings Inc on Monday was the first U.S. company to confirm formally it was halting shipments to Huawei Technologies, following export restrictions put in place b...
15:00, 05/20/2019

Nailing down the best and worst hardware stores Washington Consumers’ Checkbook’s ratings of 94 area stores reveal that while national chains, such as Home Depot and Lowe’s, charge low prices, they generally also offer subpar advice and customer se...
14:48, 05/20/2019

5G Is Coming, and It’s Fortified With Fiber Countless new wireless transmitters will relay all that data to your phone, and many will connect to the internet through endless miles of new fiber-optic cable....
14:36, 05/20/2019

Why Software Needs to Escape from San Francisco Think of every city as a platform—each new platform opens up the possibility to explore new ideas. It's time to give other platforms a chance to change the world....
14:36, 05/20/2019

'Game of Thrones' finale left water bottles in key scene, further inciting diehard fans Just two weeks after a coffee cup was spotted in an episode of "Game of Thrones," eagle-eyed fans have spotted another major gaffe in the show's finale — water bottles....
14:36, 05/20/2019

|Labour'sCorbynmovesclosertobackingsecondBrexitreferendum British Labour leader Jeremy Corbyn moved closer to fully backing a second Brexit referendum, saying the public should be given a choice on any deal to leave the European Union....
13:48, 05/20/2019

|TimCooksayshisgenerationhasfailedbyover-debatingclimatechange The Apple chief executive told graduates at Tulane University in the US that his "generation has failed" them by fighting more than making change on issues including immigration, criminal justice and ...
13:48, 05/20/2019

|OiljumpsasOPECsignalscontinuedcutsandUSthreatensIran Oil started the week strongly after Saudi Arabia and other OPEC+ members signaled intentions to keep supplies constrained for the rest of the year, while US tensions with Iran ratcheted up....
13:48, 05/20/2019

|TopUStechgiantsbegintocutoffvitalHuaweisupplies Top US corporations from chipmakers to Google have frozen the supply of critical software and components to Huawei, complying with a Trump administration crackdown....
13:48, 05/20/2019

|AxedFedusaheadsaysworkerscanstillbenefitfromAYOshares Dennis George, the dismissed general secretary of Fedusa, has responded to his axing by saying that the trade union federation can still benefit by taking up shares in IT company AYO Technology Soluti...
13:48, 05/20/2019

|FormerPamodziliquidatorlosesappealtobereinstatedascourtupholdshisremoval The Supreme Court of Appeal has dismissed an application by Enver Mohamed Motala, a joint liquidator of several mining companies known as the Pamodzi Group, to be reinstated as a liquidator....
13:48, 05/20/2019

|MarketsLIVE:Stocksfallastradewarhitstech US equity futures dropped alongside stocks in Europe as the fallout of White House moves against Chinese telco giant Huawei rippled through the technology industry....
13:48, 05/20/2019

|TrumpHuaweibanripplesacrossindustryassupplieshalted The impact of the Trump administration’s threats to choke Huawei reverberated across the global supply chain on Monday, hitting some of the biggest component-makers....
13:48, 05/20/2019

|CouncilforMedicalSchemesannouncesprobeintoracialprofiling The council, which regulates private health financing via medical aid schemes, has launched a probe into claims of racial profiling against black and Indian private medical practitioners....
13:48, 05/20/2019

What happens to my Huawei smartphone now? Huawei smartphone and tablet owners are being left in a difficult position following US sanctions banning American companies from providing any technologies to the company....
12:48, 05/20/2019

Whitney Houston’s Estate Plans a Hologram Tour and a New Album The family of the singing star, who died seven years ago, has reached a deal with the marketing company behind the posthumous resurgence of Bob Marley....
11:48, 05/20/2019

IndiGo Co-Founder Has No Plans Of Taking Control Of Airline: CEO IndiGo, SpiceJet and GoAir have been rushing to fill the vacuum left by the collapse of Jet Airways, once India's largest carrier, and gain control of its valuable slots....
08:24, 05/20/2019

Sensex Jumps Over 950 Points After Exit Polls Predict NDA Win Domestic stock markets started Monday's session on a strong note, with the Sensex soaring more than 950 points, a day after exit polls predicted that the Bharatiya Janata Party will win almost as many...
08:24, 05/20/2019

USTR Lighthizer to meet Motegi for trade talks in Japan on May 24: sources U.S. Trade Representative Robert Lighthizer will visit Japan on May 24 to meet with Economy Minister Toshimitsu Motegi to accelerate trade talks ahead of a summit meeting scheduled a few days later, t...
07:00, 05/20/2019

Asian shares steady after slump, oil jumps on Saudi comments Asian shares steadied on Monday as investors caught their breath following another week of escalating U.S.-China trade tensions, with sentiment turning brighter after the United States said it would l...
07:00, 05/20/2019

Air New Zealand picks Boeing for wide-body jet order: sources Boeing Co has won a hard-fought contest to sell wide-body aircraft to Air New Zealand Ltd, beating a challenge from Europe’s Airbus, industry sources said on Monday....
07:00, 05/20/2019

Trump says tariffs making companies leave China, a deal can't be '50-50' U.S. President Donald Trump said his tariffs on Chinese goods are causing companies to move production out of China to Vietnam and other countries in Asia, and added that any agreement with China cann...
07:00, 05/20/2019

Trade uncertainty darkens U.S. small caps outlook Shares of smaller publicly listed U.S. companies have fallen more on recent U.S.-China trade tensions than larger corporations and could face an even rougher road as the year wears on unless the prosp...
07:00, 05/20/2019

Hiring etiquette: Don’t ghost candidates after interviews, do acknowledge receipt of any résumé After an employer has interviewed a job candidate in person, the employer should notify the applicant whether it has made the decision to hire them — or not....
04:12, 05/20/2019

Who Is Robert F. Smith, the Man Paying Off Morehouse Graduates’ Loans? Mr. Smith amassed a fortune estimated to be worth $5 billion by founding a private equity firm. He’s also the chairman of the board of Carnegie Hall....
01:00, 05/20/2019

OPEC+ will not recommend a course of action on output policy in Jeddah meeting: source A ministerial panel of major OPEC and non-OPEC producers will not recommend a course of action on oil output policy on Sunday, but will highlight the need to continue monitoring the market until the ...
00:24, 05/20/2019

OPEC has two main options for June meeting, both foresee output rise: sources Saudi Arabia and Russia are discussing two main scenarios for a meeting of OPEC and its oil-producer allies in June and both frameworks propose increased crude output from the second half of 2019, two...
00:24, 05/20/2019

Saudi Arabia says oil producers want to reduce inventories Saudi Energy Minister Khalid al-Falih said on Sunday there was consensus among OPEC and allied oil producers to drive down crude inventories "gently" but his country would remain responsive to the nee...
00:24, 05/20/2019

Who Is Robert F. Smith? Learn More About the Billionaire Whose Generosity Shocked a Graduating Class In an astonishing commencement address, billionaire Robert F. Smith announced on Sunday that he will wipe out student debt for the entire 2019 graduating class at Morehouse College, prompting cheers a...
00:24, 05/20/2019

AI Chip Boom Lifts, Tests Nvidia Nvidia is facing new threats to its market dominance in chips built for artificial intelligence as rivals enter the race to power everything from customer-service chatbots to robotic lawn mowers....
00:24, 05/20/2019

Fiat Chrysler's Ram Is Gaining on Pickups From GM and Ford Fiat Chrysler’s Ram pickup trucks are closing the market-share gap with rivals by offering aggressive rebates and interiors like those of a luxury SUV, analysts and buyers say....
00:24, 05/20/2019

Third 'John Wick' Movie Posts Series' Strongest Opening Weekend Lions Gate won a respite from its box-office woes as its latest film, “John Wick: Chapter 3—Parabellum” nabbed the top spot, with the biggest opening weekend in the action-thriller franchise’s five-ye...
00:24, 05/20/2019

Morehouse Class of ’19, Congratulations: Your Student Loans Will Be Paid Off The billionaire Robert F. Smith said in a commencement address at Morehouse College on Sunday that his family would pay off the new graduates’ student loans....
22:48, 05/19/2019

|Wecantakebettercareofwaterresourcesusingdata-expert There is poor awareness and use of available data in Africa, which could actually help to create the modernised management of water resources, according to an expert....
21:36, 05/19/2019

|Wanttobeadisruptor?Forgettechnology,focusonthecustomer-exec The key challenge for businesses today is not to master new technologies, but to solve the 'wicked problems' they and their customers may face in an increasingly complex environment....
21:36, 05/19/2019

Recep Tayyip Erdogan expects F-35 jets 'sooner or later' despite Russian missiles purchase Turkish President Recep Tayyip Erdogan said Sunday he expects F-35 jets will be delivered "sooner or late"r to his nation despite a deal with Russia to purchase the S-400 surface-to-air missile system...
18:48, 05/19/2019

Not Even Apple Can Clean Up the Mess of Streaming TV Apple has built a hub for all your content, no matter where it comes from or which app you use to watch it. It’s a very good idea, but the execution only serves to show how confusing and broken the TV...
17:24, 05/19/2019